This is a cross post of @streetstyle/i-have-a-question-for-the-steem-community-what-do-you-think-of-steem-basic-income-sbi-steem-blockchain-community by @josephsavage.
Insightful comments, pro and con! Thank you @streetstyle for great discussion.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
I think it needs to be watched and moderated.
For example when they were making several posts a day on 10 accountd and allowing comments to be upvoted too for a positive ROI, it was a little unbecoming of a respinsible service. However improvements were made and concerns were listened to.
There are still a few people getting massive upvotes and I wish there were stated limits. I think no more than 50% of organic post rewards or max 1 steem/SBD (whichever is lower USD value) would be more ideal.
I like the system and recognize its importance especially for encouraging beginners, but it isn't my ideal when I consider what steem should be since it votes for anything regardless of how crappy the post is or not. That said Im glad they losten to feedback and remove votes and stakes from complete idiots.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm a huge proponent of SBI. I've run contests using shares as prizes before, and it helps when on-boarding new users to keep them active through those difficult first few weeks when getting noticed is extremely difficult.
I'm not sure where this notion that "it's a ponzi scheme" started, but anybody who looks at it and understands basic economics knows it fits none of the definitions of a ponzi scheme. SBI was started as an economic experiment on the blockchain, and its purpose (at least from my perspective) is to promote altruism and grow the community. I've delegated a portion of SP to SBI, and I've provided over 100 shares to various Steemians over the last few years. Some of them are still active, some of them are not, but it was my Steem to do with as I pleased, and I wasn't doing it to try and make money. It takes a LONG time to make ROI on a single share of SBI, and that's kind of the point: you're investing in the community, not yourself.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the feedback and support!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @josephsavage! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @josephsavage! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Really cool I like sbi!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit